At the event,
Mrs. Sitharaman announced that a team would be set up to advice on how to further improve India’s ranking in the global index of countries in the sphere of innovations. India’s GII ranking has improved dramatically to 66, from 81 last year.
Earlier on Friday, August 19, 2016,
Mrs. Sitharaman and Mr. Gurrey attended an event to launch the Global Innovation Index (GII) 2016.
In his address, Gurrey lauded India’s efforts in innovation, particularly being a vast and diverse country, pointing out that the top ranked countries are mostly small, compact economies with much lesser complexities and issues.